The Bank of Japan kept the interest rate at a negative level, minus 0.1%, the financial regulator said in an April meeting. Eight members of the regulator were in favor of maintaining a negative interest rate, one was against. The Japanese Central Bank introduced a negative interest rate of minus...

WHO seems to be needed more than ever given the present global pandemic crisis, while the U.S. president decides to not pay the agency its assessed “voluntary funding” amount. The Head of WHO, the “World Health Organization”, had expressed his regrets about President Trump’s decision of pulling out...

New screening rules issued by the Indian government over Foreign Direct Investment (FDI) particularly from neighbouring countries including China have raised concerns among companies about their plans being jeopardized. The Indian government now plans to fast track the review process of some FDI...

The most dramatic fall on record for German business morale was recorded by the German economy in April as the largest European economy touched its lowest reading since reunification because of the severe economic impact of the novel coronavirus pandemic on the country’s economy.   According...

The Swiss Central Bank (SNB) recorded the maximum quarterly loss since its foundation in 1907 amid the collapse of global financial markets in connection with the pandemic of the coronavirus infection COVID-19. The value of the SNB portfolio last quarter fell by 38.2 billion Swiss francs ($ 39...

The strain from the coronavirus lockdown is putting immense pressure on the economy of the United Kingdom, so much so that it is at the point of crumbling. Borrowings by the government has reached levels that were never before seen in peacetime history which has increased pressure on the government...

Amid coronavirus outbreak, the economic damages deepens in the U.S. as small businesses are left adrift with the announcement of SBA running out of funds for emergency loan programme used to bear the cost of payrolls of small business workers. Last week, the U.S. “Small Business Administration” had...

The economy of the euro zone, which is already in one of the deepest recessions on record, is set to face even a worse downturn as the economic impacts of the coronavirus lockdown in the countries of the region starts taking its toll on the economic bloc, according to a poll of economists conducted...

According to analysts, following contraction in the Chinese economy in the first quarter of the current year because of the coronavirus pandemic, it should recover and do well for the rest of the year. According to data released last Friday by China's National Bureau of Statistics, there was a...